re: Capital Gains Tax Free

quote:

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You're right. Anything over 72.5k is taxed at 30% until you back fill the tax on the gains up to that level. At least that's the way I read it.

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You are not differentiating LT vs ST capital gains in your post. If you have ST gains it is treated as ordinary income and would be taxed at your marginal income tax rate + state taxes if applicable. If you have LT capital gains and/or qualified dividends they would be at 0% until breaching $72.5k income, then 15% LT cap gain rate + state tax if applicable.

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